Under Restructuring, GM To Build More Cars Overseas

Sure it does, you do not seem to mind the American taxpayer paying Toyota to make cars. Why only bitch about GM? You should be bitching to the government that is taking your money.

Why? What I do for a living isn't on topic here. Besides you never answered either.

Does not change the facts, GM is going down, 20 days left before the first steps towards a real turn around in chapter 11 begin. And my guess is GM is toast and will do chapter 7.

Here is why. And Chrysler is doing it now. Some judge in bankruptcy is going to have to give the bond holders a fair shake or toss out 300+ years of corporate law, which is very unlikely. Fiat only took the deal as Chrysler was essentially free for them and they can bail any time the kitchen gets too hot and not loose a dime. GM does not have a suiter for the US, so the bond holders will own GM and other creditors are SOL including union contracts.

GMs only real hope is to dive right into it, let the bond holders own the company and scratch all the baggage in process. But even that si doubtful.

Given time, GM will be like a raison and shrivel up to a pint where government welfare and pork will not be provided.

You keep ranting about this, please cite or go douse you sorrows in Jack Danials or Jim Beam.

Having read "Canuck"'s posting profile on Google, it seems (other then cross-posted threads) he has never posted in a Dodge, Chrysler, or Ford group, regarding the Government loans. I think he has a real hard on for GM. I presume, he either worked at a GM plant, and was fired for negligence, or his wife ran away with a CAW or UAW member. Either way, he ain't that bright, and is a hypocrite to boot. He is also too chicken shit to answer my question of what industry he works in. I find that highly suspicious. Perhaps he doesn't even have a job, which would explain the hours he spends on the GM Newsgroup babbling on about the same shit.

Ya' THINK? LOL

What industry do you work in (if you have a job) and did your wife leave you for a UAW, or CAW man/woman? They are simple questions that you have been avoiding for a couple of weeks now.

They what do you do for a living, you lying prick? What industry do you work in? You are hiding something, and everyone is beginning to notice. Tsk tsk tsk.

LOL Your reluctance to tell the industry you work in proves you have a pathetic job, if a job at all. My guess is you work for minimum wage, and your wife left you for a UAW/CAW man/woman.

Happily maried, consulting. You? GM ass wipe?

Hardly, see last post. You are just a sniveling socialist thinking it is OK to take from people non-auto people, to subsidise a rotting industry. Nothing ethical about that at all.

Hey, if Chavez did it you would call it corruption. When DC does it it is good?

At least with Chevez the people really need it. GMers (union and management), drove GM into the ground and now want to be rewarded with tax dollars?

GM does not pay their bills so others in the industry can eat.

And it was all set up years ago with actions like Carlyle facilitating the sale of Alliston, Delco etc. The intent all a long was to put GM on the dole.

Who is bailing out the other 98% of businesses and people getting aid off? Or is this just a pork fest for auto?

My job isn't the issue here bone head.

GMs abuse of the tax system and the corruption it creates. Taking from non-auto, many which get laid off without a bailout and make a lot less.

No, stick to the subject, it is GM/CAW/UAW greed and selfishness spiced in with private equity bailouts for the rich. For example, Carlyle will also be in trouble if GM goes under, the Harvard rich boys club with names like Quale, Bush, Bin Ladden...

It is about corruption.

How can you possibly be "happily" married when you spend all hours on Usenet bitching and moaning? Who do you consult for? Something is wrong with the picture of you, and you damned well know it. As for me, I don't, nor have I ever worked for the UAW, CAW, GM, or any supplier of GM.

No, but it could answer an underlying question as to why you have such a hard on for GM, yet not Chrysler.

Municipalities with GM plants prosper when those plants are working to capacity. Just look at what the lay offs are doing to Durham Region.

Now it comes out. Bin Laden...Wow, I think you read too much bullshit on the internet. I should have known you were "one of those". So, which of the following was a conspiracy: Pearl Harbor, the Moon Landing, 9/11, etc. I think you need to replace your tin foil hat, get back to your supposed happily married wife, and quite bitching on a newsgroup. With all the anger you display here, I feel sorry for the prick your wife must have to live with. Get some counseling, and move on with your life. Governments are going to do whatever they want, and there isn't a damned thing you are going to change on a Newsgroup, get used to it.

GM has received loans, and you know it. As for who is helping others, ask Obama and Harper. Speaking of that, why are you so outraged at GM receiving $60 billion, when the banks have received close to a trillion? Yep, something's up with you.

I didn't know McDonalds had "consultants."

I don't watch CBC for the brainwash.... gives you a first hint.

Who I consult for is none of your business.

And so what you haven't worked for the idiots, why then don't you go out and pay MSRP on a GM?

Your perception is astounding, I don't want you to start rumours at McDees.

Translation: My job sucks so bad, I'm ashamed to admit what I do; What I do helps no one, and is likely unethical; I don't actually have a job. That's what I thought.

I believe you.

It is people like you who work at GM and have helped it get bankrupt